Market Intelligence Report — VA-980

Blacksburg-Christiansburg-Radford, VA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-VA-08
As of the latest 2026 data
Cooling

Median Listing

$375K
+2.7% YoY

Pending Ratio

0.44
-19.6% YoY

Active Inventory

484
+30.1% YoY

Median DOM

65 Days
+25.0% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Blacksburg-Christiansburg-Radford market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Blacksburg-Christiansburg-Radford, VA.

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The Blacksburg-Christiansburg-Radford market is currently experiencing a cooling trend, characterized by a pending ratio of 0.44 and a significant year-over-year increase in active listings of 30.1%. This suggests demand absorption is decelerating relative to available supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.1%+0.1 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

181,616+0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Blacksburg-Christiansburg-Radford market right now.

Active listings have expanded substantially, increasing by 30.1% year-over-year, while new listings also grew by 8.7% over the past year. Concurrently, the median listing price registered a 3.8% month-over-month decline, despite a 2.7% year-over-year increase. The pending ratio has decreased by 19.6% year-over-year, indicating a slower pace of transactions. Properties are also remaining on the market longer, with the median days on market rising by 25.0% year-over-year.

Historical Analysis

Market Trends

Median Price

$375K-3.8% MoM

Active Inventory

484+30.1% YoY

Days on Market

65+25.0% YoY

Sold Score™

46-19.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

46
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current environment indicates diminished urgency in market activity, reflected by a lower pending ratio and expanded inventory. Negotiating dynamics are shifting, with a greater emphasis on price discipline from sellers due to extended market times and a higher proportion of price reductions. The accelerated growth in active listings further suggests reduced pressure on buyers for immediate action.

Luxury Segment

Analysis of the average listing price, which declined by 1.8% year-over-year, alongside a 1.7% year-over-year decrease in median price per square foot, suggests some softening within the higher-priced segments of the market. The average-to-median listing price spread remains notable, indicative of a persistent luxury tier, though its performance shows signs of contraction.

Supply Dynamics

484 active listings represent the current floor, with new supply arriving at roughly 200 per month.

Pricing Pressure
20.2%

of active listings carry a price reduction, +3.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.7% year-over-year.

Absorption
0.44

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Blacksburg-Christiansburg-Radford, VA? Homes here are taking 13 days longer to sell than last year.

Blacksburg-Christiansburg-Radford, VA is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
44%
Median Days on Market
65 days
Inventory YoY
+30%

Blacksburg-Christiansburg-Radford, VA is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Blacksburg-Christiansburg-Radford, VA
CBSA Code
13980
State
VA

ZIPs in Blacksburg-Christiansburg-Radford, VA

Sorted by active inventory · click a ZIP for its full report